Capricor Therapeutics shares are trading lower. The company commenced its public offering of common stock.
Portfolio Pulse from Benzinga Newsdesk
Capricor Therapeutics shares are trading lower following the announcement of a public offering of common stock.
October 16, 2024 | 8:27 pm
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NEGATIVE IMPACT
Capricor Therapeutics shares are experiencing a decline due to the announcement of a public offering of common stock, which typically dilutes existing shares.
The announcement of a public offering often leads to a decrease in stock price due to the potential dilution of existing shares. Investors may react negatively as the value of their shares could be diluted by the new issuance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100